FirmaIQ
Org.nr 925 573 698 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA M LEGAL AS: årsregnskap 2024 vs 2023

Shrank 20% on revenue, slipped into loss

approved 2025-04-30; registry 2025-05-06; journal 2025 407010

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA M LEGAL AS. Revenue 7.87m NOK → 6.26m NOK (-20.5%). Net result +207.9k NOK → -2 447 NOK. Equity 405.2k NOK → 265.3k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
7.87m NOK 6.26m NOK
-20.5%
Operating result
+320.1k NOK +63.7k NOK
-80.1%
Net result
+207.9k NOK -2 447 NOK
-101.2%
Equity
405.2k NOK 265.3k NOK
-34.5%
Cash
705.2k NOK 926.4k NOK
+31.4%
Total assets
3.93m NOK 2.61m NOK
-33.5%

What improved

  • ↑

    Cash rose

    Bank deposits 705.2k NOK → 926.4k NOK (+31.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.87m NOK to 6.26m NOK (-20.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +320.1k NOK → +63.7k NOK (op. margin 4.1% → 1.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 207.9k NOK profit to a loss of 2 447 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 405.2k NOK → 265.3k NOK (equity ratio 10.3% → 10.2%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 9 000 NOK → 91.4k NOK (+916.1% YoY). Calculated